Ignite FB Tracking Pixel1300 Waverly Road, Chesterton, IN 46304 - Cathy Hicks
BHHS Executive Realty
Cathy Hicks, BHHS Executive RealtyPhone: (219) 306-7696
Email: [email protected]
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listing
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LandFor Sale
$1,250,000
1300 Waverly Road
Chesterton, IN 46304
Courtesy of Coldwell Banker Market Connect
MLS: Northwest Indiana REALTORS® Association Multiple Listing Service
936,540Sq Ft
Est. Mortgage
$6,552/mo

Developer's Dream - 21.5 Acres in Prime Porter LocationA rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 21.5-acre site, made up of two parcels, sits at the signalized corner of US Highway 20 and Waverly Road. The property includes a tenant-occupied 2-bedroom, 2-bath home, offering immediate rental income during the planning phase.Located just 3 minutes from the South Shore Train Station, 5 minutes from downtown Chesterton, and 6 minutes from Porter Beach, this site blends convenience with lifestyle appeal. It's also just 45 minutes from downtown Chicago, making it a strong draw for commuters.Bring your own vision or explore current concept plans for a 117-unit condo development with multi-unit retail along the frontage. Flexible zoning and a prime location make it ideal for residential, commercial, or mixed-use development.For those looking to expand, a fully approved 317-unit multifamily development is also available just east of the site--offering a unique opportunity to scale in a rapidly growing market.

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Listing information © 2025 Northwest Indiana REALTORS® Association Multiple Listing Service. Listing courtesy of Coldwell Banker Market Connect
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